Jet2 (LON:JET2) Trading 0.8% Higher

Jet2 plc (LON:JET2)’s stock price traded up 0.8% during mid-day trading on Thursday . The company traded as high as GBX 1,323 ($16.78) and last traded at GBX 1,307 ($16.58). 235,482 shares changed hands during mid-day trading, a decline of 51% from the average session volume of 483,113 shares. The stock had previously closed at GBX 1,296 ($16.44).

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 1,900 ($24.10) price objective on shares of Jet2 in a research note on Wednesday, April 24th. Royal Bank of Canada reissued an “outperform” rating and issued a GBX 1,950 ($24.74) price objective on shares of Jet2 in a research note on Friday, April 12th.

Jet2 Price Performance

The company has a debt-to-equity ratio of 87.09, a current ratio of 1.62 and a quick ratio of 1.49. The stock has a market cap of £2.81 billion, a price-to-earnings ratio of 718.13, a price-to-earnings-growth ratio of 9.34 and a beta of 2.23. The business’s 50-day simple moving average is GBX 1,349.80 and its two-hundred day simple moving average is GBX 1,351.90.

About Jet2

Jet2 plc, together with its subsidiaries, engages in the leisure travel business primarily in the United Kingdom. The company operates scheduled holiday flights to leisure destinations in the Mediterranean, the Canary Islands, and European Leisure Cities. It is also involved in the package holiday and non-ticket retail activities, as well as passenger and charter aircraft operations.